SUI dropped by 1.16% in 24 hours but still preserves over 150% in monthly gain.
Litecoin and Polkadot see price declines with mixed signals on future movements.
An analyst argues NEAR token remains “fundamentally strong,” projecting $20 amid a recent dip.
The global crypto market fell, with the total market capitalization decreasing by 4.25% to $2.16 trillion. Sui (SUI), Near Protocol (NEAR), Litecoin (LTC), and Polkadot (DOT), saw significant price declines over the past 24 hours.
Sui Price Drops After Strong September Performance
Sui (SUI), one of the trendiest crypto assets in recent weeks, is quickly losing ground after more than doubling in value during September. Currently trading at $1.86, SUI has dropped by 1.16% over the past day, bringing its cumulative seven-day growth to just 6.50%.
Coin Signals attributes the decline to Tuesday’s massive unlock of over $100 million tokens, predicting a potential correction to the $1.5 level. Despite the ongoing dip, SUI continues to boast a 30-day gain of over 152%.
Near Protocol Shows Strength Despite Decline
Near Protocol (NEAR) is currently trading at $4.89, reflecting a 9.94% decrease in the p…
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